Michael Alexander, Coin Update Estonia, one of the three Baltic republics tucked away in the northeastern corner of Europe, just south of Finland, has one of the most colorful numismatic pasts for both its size and history. Having only gained their independence as a republic in 1918, this status was sadly short-lived after the conclusion of the Second World War. In the last one thousand years, Estonia had been fought over by the Danes, the Germans & the Hanseatic League, the Poles, the Swedes and finally the Russians. Fast forward half a century since it’s internationally un-recognised incorporation into the USSR and the onset of Gorbachev’s Glasnost which finally resulted in Estonia’s (as well as Latvia’s and Lithuania’s) re-emergence as an independent nation once more.
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